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Global Logging While Drilling Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The logging while drilling market is poised to grow by $ 556.71 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period. The reports on logging while drilling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in directional drilling, growing consumption of liquid fuels, and rising investments in shale gas. In addition, increase in directional drilling is anticipated to boost the growth of the market as well.
The logging while drilling market analysis includes application segment and geographic landscapes.
The logging while drilling market is segmented as below:
By Application
- Onshore
- Offshore
By Geographic Landscapes
- North America
- APAC
- Europe
- MEA
- South America
This study identifies the emergence of robotic logging technology as one of the prime reasons driving the logging while drilling market growth during the next few years. Also, increasing applications of IoT in the oil and gas sector and consolidation among oilfield service providers will lead to sizable demand in the market.
This research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The logging while drilling market covers the following areas:
- Logging while drilling market sizing
- Logging while drilling market forecast
- Logging while drilling market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading logging while drilling market vendors that include APS Technology Inc., Baker Hughes Co., China Oilfield Services Ltd., Gyrodata Inc., Halliburton Co., Nabors Industries Ltd., National Oilwell Varco Inc., Schlumberger Ltd., Scientific Drilling International, and Weatherford International Plc. Also, the logging while drilling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global logging while drilling market: APS Technology Inc., Baker Hughes Co., China Oilfield Services Ltd., Gyrodata Inc., Halliburton Co., Nabors Industries Ltd., National Oilwell Varco Inc., Schlumberger Ltd., Scientific Drilling International, and Weatherford International Plc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of robotic logging technology."
According to the report, one of the major drivers for this market is the increase in directional drilling.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- APS Technology Inc.
- Baker Hughes Co.
- China Oilfield Services Ltd.
- Gyrodata Inc.
- Halliburton Co.
- Nabors Industries Ltd.
- National Oilwell Varco Inc.
- Schlumberger Ltd.
- Scientific Drilling International
- Weatherford International Plc